GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric, has been revealed as a previously unannounced customer for 20...

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, has been revealed as a previously unannounced customer for 20 more Boeing 737 MAX 8s and 20 more Boeing 737-800s.

Boeing Commercial Airplanes had previously attributed the 2013 order, which the manufacturer values at $3.9 billion at list prices, to an unidentified customer on its Orders and Deliveries website.


On January 20, 2014, Boeing confirmed that leasing company GE Capital Aviation Services was the previously unannounced customer for a 2013 order for 20 Boeing 737 MAX 8s and 20 Boeing 737-800s. GECAS had already placed previous orders for both models

On January 20, 2014, Boeing confirmed that leasing company GE Capital Aviation Services was the previously unannounced customer for a 2013 order for 20 Boeing 737 MAX 8s and 20 Boeing 737-800s. GECAS had already placed previous orders for both models

 

“We ordered more 737 MAX 8s and Next-Generation 737-800s because demand continues to grow as our airline customers require more fuel-efficient aircraft to compete in the marketplace,” said Norman Liu, president and chief executive officer of GECAS. “This order further strengthens the large GECAS order book.”

The follow-on order increases GECAS’ orderbook for the Boeing 737 MAX to 95 aircraft and the Boeing 737NG family to 387 aircraft, the most for both models by any company in the leasing industry.

GECAS’ sister company GE Aviation is a 50 per cent partner in the CFM International joint venture. CFM International makes the CFM56-7 engines which power all Boeing 737NGs and will make the LEAP-1B engines which will power all Boeing 737 MAX jets.

The Boeing 737-800 is the best-selling version of the highly successful Boeing 737NG family.

To date, a total of 32 customers have ordered 1,763 Boeing 737 MAX aircraft. To date, the Boeing 737 MAX 8 has strongly outsold the 737 MAX 7 and the 737 MAX 9, the two other planned members of the 737 MAX family..

GECAS has ordered 638 aircraft directly from Boeing. Its orders have included 737s, 747s, 757s, 767s, 777s and 787s. To date, GECAS has taken delivery of 459 of the jets.

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